The Wizard Mutual Funds

The Wizard Mutual Fund Futures and Forex I don’t comment to often on the Futures and
the Forex, but TheWizard has been giving tremendous signals on both. Here are the
results. For all of your Future and Forex traders here are the current results.
If you have not signed up to be an associate to share theWizard with your friends, be sure
and go to theWizardNetwork.com and sign up. Have a good week and God Bless, Gene
Stunkel Founder and President TheWIzard.com LLC

Wizard Mutual Fund Looking for short trades

Many of you may still be holding short positions that were initiated last fall. Because
MarketTrends has now issued a Very Bearish signal, it is advisable to stay in those
positions.

This is also a good opportunity to look for new short positions, and there are a number of
ways to do this.

The Wizard Mutual Fund

I was asked by Gabriel Wisdom about oil, on his radio program this past week, and I had
not been paying much attention to oil. So I went back and took a look at how well the
Wizard did . The Wizard gave us the Sell signal on all of the oil and gas drillers and the
three main companies involved with the catastrophic oil leak. The following charts below
show all of the oil and gas drillers, futures, and also the calls on British Petroleum,
Haliburton, and Transocean. When we say the Wizard does not miss the trend, we mean
what we say. When we get the breakout of any sector or industry, or when a certain stock
gets bad news, the Wizard will pick it up. When the trend changes and the sell volume
increases, we are going to get a Pre-Sell or Sell signal to go short.

Hang on to your seats, we could be in for a rough ride. . If you have not been stopped out,
on your long positions, you may be soon, We may see more down side in the markets.
We are short on the major indexes both Long and Short Term except for the Long Term
Russell 2000.

Talk about continuing bad news for the Euro……..as reported in the TIMES.CO.UK

THE Greek government has been advised by British economists to leave the euro and
default on its €300 billion (£255 billion) debt to save its economy.

The Centre for Economics and Business Research (CEBR), a London-based consultancy,
has warned Greek ministers they will be unable to escape their debt trap without
devaluing their own currency to boost exports. The only way this can happen is if Greece
returns to its own currency.
Greek politicians have played down the prospect of abandoning the euro, which could
lead to the break-up of the single currency.

Speaking from Athens yesterday, Doug McWilliams, chief executive of the CEBR, said:
“Leaving the euro would mean the new currency will fall by a minimum of 15%. But as
the national debt is valued in euros, this would raise the debt from its current level of
120% of GDP to 140% overnight.

“So part of the package of leaving the euro must be to convert the debt into the new
domestic currency unilaterally.”

Greece’s departure from the euro would prove disastrous for German and French banks,
to which it owes billions of euros.

McWilliams called the move “virtually inevitable” and said other members may follow.

“The only question is the timing,” he said. “The other issue is the extent of contagion.
Spain would probably be forced to follow suit, and probably Portugal and Italy, though
the Italian debt position is less serious.

“Could this be the last weekend of the single currency? Quite possibly, yes.”

These are uncharted waters, be careful and cognizant of what is happening.

Wizard Mutual Fund
We have a signal to get out of the market with the dark green showing up in the Long
Term S&P. Now as always you can wait for the stop, or you can get out here and stay out
of the consolidation area. However, I am not looking for Pre-Buys in this market. They
would not be high probability trades. Those of you who are using the WizardPicks, this is
where we always get out.

There are some shorts that are available as aggressive trades and I will post them below.
If you look at the chart below we practically made the last target on the weekly scan. It
missed it by a about 40 cents and it changed about the week of the12th to 20th of October
which I thought would be the time of the change, as I said in a previous blog. If you took
the Wizard Weekly Aggressive signal you would have a profit in the S&P ETF of
18.60%. If the market does not go any higher than this, we should test the lows.
The Wizard Pro Long-Term, Short-Term & 10-Day Trend Histories: View the long- and
short-term trend histories in our familiar calendar format or in our new, 10-day Trend
History table.

Sectors, Industries & Stocks: You can also view the 10-day Trend History for a stock,
side-by-side with its sector and industry, making it even easier to buy and sell only those
stocks whose sectors and industries are moving in the same direction.

More results: The Wizard Mutual Funds Wizard Mutual Fund The Wizard Mutual Fund
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